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MSNBC
Dec 23, 2012 11:00pm PST
intractable debate and that's the fiscal cliff. congress has left town and there's no deal here. senator schumer, the president is now proposing a smaller deal. are we going to avoid the fiscal cliff by the first of the year or not? >> i hope so. if you look at the final positions last monday of both the president and speaker boehner, they were this close, they were this close to a solution. the president was about $200 billion higher on revenues, speaker boehner $200 billion higher on spending cuts. out of a $4 trillion budget, that doesn't seem insurmountable. so i hope they would keep talking. my one bit of advice to speaker boehner is this -- you cannot pass a bill with just republicans. on a broad thing like this, you need both and he has put himself with plan b in sort of an impossible position. he has to get these hard right guys to go along with him. if he were to say and the president were to say we're going to pass a bill with a majority of democrats and majority of democrats in the house and senate we could get a mainstream bill. i know he's worried about his speakership but w
MSNBC
Dec 30, 2012 1:00pm PST
of those cuts are in defense alone. >> well, the other part of the fiscal cliff is congress agreed that they would cut an additional $1.2 trillion in spending. they put a committee together to try to come up with those numbers. they didn't figure out how to do it. and so what we now have is a situation where these automatic spending cuts go into place. now if we have raised some revenue by the wealthy paying a little bit more, that would be sufficient to turn off what's called the sequester. these automatic spending cuts. and that also would have a better outcome for our economy long term. but, you know, so far at least, congress has not been able to get this stuff done. not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> when you talk about a dysfunction in washington, you signed this legislation setting up the fiscal cliff 17 months ago
MSNBC
Dec 26, 2012 1:00pm PST
with the fiscal cliff looming large. >> the fiscal cliff gets closer. congress now has six days left to make a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal.
MSNBC
Dec 31, 2012 4:00am PST
to be a massive fiscal cliff of large spending cuts and tax increases. i hope that congress will look at that and figure out ways to achieve the same long-run fiscal improvement without having it all happen at one date. >> there's still significant distance between the two sides, but negotiations continue. there's still time left to reach an agreement. and we intend to continue negotiations. >> and so, here we are, new year's eve, and the country counts down to popping champagne corks, the ball dropping in times square, and going over the fiscal cliff. if congress fails to act in the remaining hours of 2012, taxes will go up on all americans and a series of mandatory government spending cuts will kick in. hello, new year. hello, new recession. after two years of missing self-imposed deadline after self-imposed deadline, all eyes were on the senate over the weekend as the house's failure to even bring a plan to a vote left it up to the upper chamber to find a way out. vice president biden who had remained on the sidelines in this round of talks was even called in to help move things al
MSNBC
Dec 30, 2012 11:00am PST
the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up and we're seeing signs of recovery in housing and employment numbers improving. so what congress needs to do first and foremost, is to prevent taxes from going up for the vast majority of americans. and this was a major topic of discussion throughout the campaign. what i said was, t
MSNBC
Dec 30, 2012 11:00pm PST
of those cuts in defense alone. >> well, the other part of the fiscal cliff is congress agreed that they would cut an additional $1.2 trillion in spending. they put a committee together to try to come up with those numbers. they didn't figure out how to do it. and so what we now have is a situation where these automatic spending cuts go into place. now if we have raised some revenue by the wealthy paying a little bit more, that would be sufficient to turn off what's called the sequester, these automatic spending cuts. and that also would have a better outcome for our economy long-term. but you know, so far at least, congress has not been able to get this stuff done. not because democrats in congress don't want to go ahead and cooperate. but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit. as part of an overall deficit reduction package. >> you talk about a dysfunction in washington. you signed this legislation setting up the fiscal cliff 17 months ago. how
MSNBC
Dec 29, 2012 11:00am PST
for politics. less than three days until the so-called fiscal cliff and congress still trying to hammer out a deal. they've had 515 days to work this out. still, though, capitol hill leaders are at an impasse and starting next week, you and i could see our paychecks cut as payroll taxes go up and that could be just the beginning. the clock at the bottom right of your screen there might as well have a blaringa, large on it because come midnight monday if lawmakers have not found the fiscal cliff solution you're going to hear a whole heck of a lot of noise. let's get straight to washington. nbc's kristen welker at the white house and luke russert is tracking developments at capitol hill and nbc news senior political editor mark murray is here to break it down for us from the washington bureau. we will start with kristen. last we heard, kristen welker, the president came out to report that he is modestly optimistic. has the rhetoric changed at all today? >> reporter: it has changed a little bit. the president is still modestly optimistic, but i just spoke with a democratic source who tells me
MSNBC
Dec 31, 2012 11:00am PST
is exactly what it was designed to do. the fiscal cliff is a result of congress only able to act when the backs are against the wall. we are at that time now and i think we will get it done. >> all right. you have nine hours and 20 minutes, i believe. congressman, good to talk to you once again. >> happy new yore. >> and to you. >>> as 2012 comes to a close, the congress is set to go down in history as the least productive in the modern era. this particular congress has been, quote, uniquely dis23 dysfuncti dysfunctional. a family member comes forward to claim adam lanza's body. it is in or stories around the "news nation." >>> when the 112th congress closing up shop on january 3rd, they go home with the dubious distinction of the least productive and least popular congress of the modern era. in two years, this congress has managed to pass just 219 bills. that's the lowest tally since the 1940s. here with me now is nbc deputy political editor domenico montenegra. that sounds like a lot but that's not a lot compared to the past. >> in the modern era, the lowest we have seen. you know,
MSNBC
Dec 26, 2012 8:00am PST
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MSNBC
Dec 28, 2012 6:00pm PST
, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patien
MSNBC
Dec 30, 2012 5:00pm PST
think we got to this point? how did we get to the edge of the fiscal cliff and the least productive congress in history? >> the public is implicated in this. 2008 the public elected president obama, democratic house, democratic senate. 2010, a large number of people in the public changed their minds they got angry at us over health care, which was misunderstood, angry at us because we inherited a section that we weren't able to defeat because of their obstruction. in 010 -- in most democracies that would be it. we have a constitution under which it's called the staggered powers, checks and balances, the last three elections are there. the problem is in 2008 you had one group of people elected, in 2010, another. there wasn't simply the people in 2010 were conservative. very substantial number of the people elected as republicans in 2010 do not believe in governance. they do not understand there are things we need for the quality of life we have to come together. this isn't bob dole. this isn't howard baker. this isn't ronald reagan. these are people that are quite extreme. what's hap
MSNBC
Dec 31, 2012 6:00am PST
to avoid the most immediate economic impacts of the fiscal cliff. with 15 hours to go and counting, members of congress are disgusted and embarrassed. >> when the future of the country, you know, rests in the hands of 70 and 80-year-olds who have jet lag, it's probably not the best thing. >> something has done terribly wrong when the biggest threat to our american economy is our american congress. >> the senate will reconvene at 11:00 this morning, but after a day of public gamesmanship and little obvious progress behind the scenes on sunday. >> there's still significant distance between the two sides, but negotiations continue. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> mitch mcconnell called on vice president joe biden to be that dance partner. biden has brokered 11th-hour deals with the republican leader in the past. mcconnell's appeal came just hours after the president appeared on "meet the press" and called out republican leaders by name. >> congress has not been able to get this stuff done, not because democrats in congress don't want to g
MSNBC
Dec 28, 2012 3:00pm PST
. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> it comes after speaker boehner left the white house. he didn't say anything to reporters and neither did anyone else who was seen leaving the meeting. here's what we do know. in just four days, taxes will go up on millions. and millions more will have their vital unemployment benefits run out. that's why president obama organized the meeting with vice president biden, speaker boehner, nancy pelosi and senators reid and mcco
MSNBC
Dec 24, 2012 8:00am PST
until the fiscal cliff deadlines, through the has of congress not a creature is stirring, not even a lawmakers. hopes of a deal are fading. before taking off, the president urged congress that pass a scaled-back stop-gap measure. >> senators agreed on sunday to pass -- >> i think unfortunately there will only be a small deal. >> it is going to be a patch. >> kristin welker, traveling with the president in honolulu. the question is will he be cutting hi vacation short? does he have a royal to play? or is it up to the senate, as some are saying? >> reporter: first of all, i think it is likely we'll see him cut his vacation short. senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to preve
MSNBC
Dec 31, 2012 12:00pm PST
, a huge fiscal crisis, here's a look at what congress actually did while they weren't working on the fiscal cliff. the senate confirmed two of the president's appointees and the house considered about a dozen bills including how to commemorate the 100th anniversary of the world war i and various aid and trade bills. here to give us an idea of what the congress is thinking is ed o'keefe. give us a run down. what has congress been working on and still need to do before this congress actually ends? >> it's kind of fascinating how these very modest measures that wouldn't get a vote gotten one because there's so much time on the clock still as they wait for the marquee legislative event of the year. there were changes to drywall standards. there was discussion there of the world war i commemoration which is coming up. two nominees confirmed over in the senate. two of obama's nominees. going back a few weeks, even just before christmas, there were some changes in policies at the tsa and screening baggage and judges confirmed and actually are some things that have gotten done but cer
MSNBC
Dec 26, 2012 7:00pm PST
hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow what has happened in the past to go on. >> congress has just three business days to pass legislation to avoid going over
MSNBC
Dec 30, 2012 9:00am PST
the fiscal cliff negotiations. he spoke exclusively on "meet the press" and he had a message for congress. >> at minimum, make sure people's taxes don't go up and 2 million people don't lose their unemployment. i was modestly hopeful yesterday. now, the pressure is on congress to produce. >> the president responded to what would happen if no agreement is reached and the nation does fall over that cliff. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. if people start seeing that on january 1st, this problem still hasn't been solved, that we haven't seen the deficit reduction that we could have had, the republicans willing to take a deal that i give them. if they say that people's taxes have gone up, which means consumer spending is depressed, then it's going to have an adverse reaction in the markets. >> there was much more to what the president had to say. listen to what he had to say on deficits and s
MSNBC
Dec 30, 2012 12:00pm PST
limit. >>> congressman chris van hallen said congress needed to reach a deal on the fiscal cliff by christmas. less than 48 hours until that cliff what does he think now? you are watching msnbc, the place for politics. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> the self-imposed 3:00 p.m. deadline the senate came up with for a deal has come and gone which means without a last minute deal starting january 1st tax hikes and massive spending cuts will be in effect. extended unemployment benefits have ended. we will be live on capitol hill with the latest developments coming up in just a moment. before we take you over to capitol hill here are stories that we are monitoring for you today. a new york woman who allegedly admitted to pushing a subway commuter to his death has been charged with second degree murderer as a hate
MSNBC
Dec 26, 2012 7:00am PST
cliff. is it really the tea party congress members or not? >> i think it's hard to predict exactly who might get blamed if something doesn't happen. that seems too far in the future for me but if you look at all of the piece that is are in play, the one thing we haven't talked about is the debt limit. it is going to be hit soon. and then the treasury can use extraordinary measures to extend it but caused the fight that made us sit here today to talk about the quote/unquote fiscal cliff and the republican haves the boehner rule to ask for a dollar in cut for every dollar the limit is extended. the debt limit being money that we have paid and obligation to pay. and so, if democrats and republicans aren't come together now, and a month and a half from now republicans come back to the table and say we need more cuts, i don't know what the president is going to look to to cut. seems like a complicated mess that they have on their hands and the more clarity they get now, the easier it's going to be in a few weeks from now. if they get a small deal that leaves no path forward on the bigger is
MSNBC
Dec 27, 2012 9:00am PST
, republicans in congress tackle fiscal cliff. the most visible former elected official in the tea party and, of course, chairman of freedom works tried to oust several freedom works officials this fall. in fact, according to the post, army thieves control momentarily of the group. and he brought a gun carrying aide to remove rivals within the organization. but within a week, army was out. freedom works arranged an $8 million pay page for him. $8 million. that is more than the organization's entire annual budget in some years. over in the house, several tea party allies were recently stripped of their committee assignments by speaker boehner. so there are some problems there at the top. an influential conservative is lashing out. >> the tea party is going of to look at itself. it's been so helpful to the republican party in the past. it saved i by not going third party in 2010, helping the republicans sweep the house. but the tea party style of rage is not one that wins over convertes and makes people lean toward them and say, i want to listen to you. >> so there is some real trouble there f
MSNBC
Dec 30, 2012 3:00pm PST
cliff fight is, sadly, typical. in fact, this congress is on track to go down as the least productive congress since recordkeeping began. in the course of nearly two years, the 112th congress has passed 219 bills that have actually been signed into law by president obama. but a lot of these laws were insignificant, things like the names of post offices. and a slew of bills passed by the house had no chance of passing the senate or getting the president's signature, like repeated attempts to repeal the affordable care act. the influence of the tea party lawmakers have been a clear factor. >> the tea party, which is not even on the screen about a year ago at this time, is a very domineering force. >> one story will be with us, the rise of the tea party. >> regardless of what those elites think, the tea party movement is authentic, grassroots movement. >> i wouldn't sell short these candidates. >> tea party americans, you're winning. >> it's a big mistake not to take it seriously. >> you think the tea party is here to stay? >> absolutely. >> this book was just named the best book of the
MSNBC
Dec 28, 2012 11:00am PST
called to do. this is 112th congress. we have had two years to deal with quote the fiscal cliff. >> let's bring in our man at the white house, peter alexander standing by. pete, we just got word the president it appears is making some sort of smaller offer at this 3:00 meeting. any idea what smaller might mean? >> reporter: it's a good question, craig. actually kelly o'donnell reporting some more of this from the hill. she says that income level of $400,000 that the president had more recently offered as the place beneath which he wanted to make sure there was an extension of the bush era tax cuts according to kelly not a part of this plan. democrats say that offer for the president which represented a compromise that we had heard about last week as part of a bigger proposal is not a part of the plan to be discussed behind closed doors. only a short time from now. the real question is where that number will be. not the $250,000 you presumed that republicans balked at long ago. perhaps closer to $500,000. given the fact that house speaker john boehner couldn't get his own conference to p
MSNBC
Dec 26, 2012 2:30am PST
are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >> the president was $2200 billion higher on revenues and speaker boehner, $200 billion on spending cuts. >> if you get 80% of what you want, that's a pretty good day. >> reporter: tough decision ahead, six days left. >> lawmakers are saying they will likely take on tax reform and spending cuts again in the new y
MSNBC
Dec 26, 2012 6:00am PST
with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what do you see as the most likely scenario moving forward. >> i don't think it's a lack of urgency, but a great deal of concern that republican party failed to do anything. it seems that in the house, boehner has no control over his extreme right wing faction. i think the american people are very clear about what they want. what they want is to ask the wealthiest people in the country to pay their fair share of taxes. there was a poll out the other day, 70% of the american people think folks making over $250,000 a year should pay their fair share. they understand that one out of four corporations are paying nothing. the american people are very, very clear throughout this election and in polling as well. do not cut social security, medicare and medicaid. you have the situation with republicans saying hey, we don't think billionaires should pay a nickel more in taxes, but we think there should be cuts in programs impac
MSNBC
Dec 26, 2012 9:00am PST
of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new plan, if we do go over the clifr, would work out. so what would half if we go over the cliff? the payroll tax holiday will expire on new year's day. that means most people will start paying more taxes in each paycheck. another 21 million americans would lose federal emergency unemployment benefits and those, let's remember, are people struggling the most right now. across the entire economy go
MSNBC
Dec 26, 2012 11:00pm PST
on cups to push members of congress to come to a deal on the fiscal cliff. shultz followed up with a blog saying everyone should put the pressure on congress. >>> a cartoonist went a more pessimistic approach. a box labeled deficit crisis compromised saying do not open until with all the holidays crossed out signed by boehner and obama. >>> all featured on politico's list of the top viral videos of 2012. the politico ones, of course. here's a look back. >> in the silvery moonlight that bathes every town, the people lie dreaming so safe and so sound. they're warm in their beds, snuggled up in the sheets. but four years before, they were out in the streets. sorry, my friend, but there's no time to snore. we're all on our own if romney has his way. and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> there's only one thing that might deny us the presidency that is the god-given property and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> there's only one thing that might den
MSNBC
Dec 31, 2012 7:00am PST
is it going to take to get congress to compromise and get a deal done on the fiscal cliff? from washington to all around the country americans are fed up. >> this whole thing is a national embarrassment, an embarrassment to the president, an embarrassment to both sides of the aisle and both the house and the senate. >> the election is over. you got your seats. you're re-elected. congratulations. you have a job. now work and do it. >> fiscally irresponsible decision trying to please everyone and you please no one at all. >> they've got to work together. >> they appear to be very self-centered. >> joining me now retired admiral and former democratic congressman joe sestak of pennsylvania and msnbc contributor and former bush/cheney senior adviser robert trainum. kelly o'donnell has just reported some of the latest information. we heard there was progress overnight and we understand vice president biden and republican leader mitch mcconnell exchanged phone calls until about midnight and their aides then continued to work and we've been reporting the various areas of progress including the fac
MSNBC
Dec 26, 2012 4:00am PST
-duck session of congress. they will avoid the fiscal cliff, and they'll do it in a way that will produce a budget agreement either in this lame-duck session or in the first couple of months of next year. that's what i think will happen. >> there's the part of the conversation every year that drives mika crazy when i talk about how we all, in the 1990s, worked together despite some pretty tough differences. >> we didn't in 1995. we had a pretty rough '95. >> '95 was an ugly year. there were a couple of other ugly years. >> but the other ugly years we already had a modus operandi of working together. if you look at what was accomplished in '98, '99 and 2000, they were good years. the only desert year was 1999. >> i faulk specifically about 1999 because people will poke at me when i talk about how you and the republican congress worked together. i say no, you should look at 1999 because even in the worst of times, the president's people were talking to leaders of congress. >> every day. >> and somehow even in the worst of times, even in a constitutional crisis, government worked. people put
MSNBC
Dec 31, 2012 2:00am PST
await the outcome of the fiscal cliff negotiations. on the positive side you won be seeing $8 a gallon for milk because congress gave a one year extension for the farm bill. those who love your 75 watt light bulbs stock up while supplies last. new federal laws prohibit them to be import order produced in 2013. the tribune company announced it's emerging from bankruptcy with new ownership and new board of directors and forbes has compiled a list of new york's resolution that successful people make and actually keep. among them plan vacations now. wake up to the essentials first, check e-mail second. support a cause. find your purpose and go for it. go for it. new year's day marks the 150th anniversary of emancipation proclamation. the document is once again on display. ron mott has details. >> reporter: showing its age the emancipation proclamation still draws attention. >> it's amazing to see abraham lincoln's signature. >> reporter: today the frail order consigned to history on january 1st, 1863 by abraham lincoln is again on public display. showtime just a few days every year. >> ver
MSNBC
Dec 24, 2012 11:00am PST
of a band-aid for most americans before the fiscal cliff? >> i think absolutely. and i think also congress can buy a little more time if because, you know, what this deadline is congressional imposed so the band-aid over to january 2nd, the vote counting, 60 senate, 218 in the house is really -- this is the fine tuning that's going on to get these two big numbers in the deals and, thomas, i think then we have to think to get the patch, will it be bet tore have it slop over to the new congress in january 3rd or have the lame duck votes? i think even a patch may be a tough vote unless it's very, very broad so you have a few alternatives to go but at least if you're thinking small not big, there's a way out. >> all right. so reversing that, bob, thinking big not small, is the white house hoping to achieve some type of grand deal or is that just out of window at this point with so little time left? >> yes, thomas. i think any hope of a grand bargain this month is out the window. and the heavy lifting will be done, i agree with lynn, in 2013. with entitlement reform and tax reform. but number o
MSNBC
Dec 28, 2012 9:00am PST
the fiscal cliff issue, is this larger question of whether congress could act. i hope the senate does act. i hope that these meetings this afternoon, that both caucuses will come out saying that the senate should pass something. and not get all hung up on what boehner does. but actually pass something. >> yeah. we get hung up on speaker boehner sometimes. i want to push you on that because something a lot of people say, though, is that if we did this once, a big deal, 500 days, down to the wire, we didn't get a breakthrough, there are a lot of folks, including democrats who say well, why would a 60 or 90-day deal be any good? doesn't this just replay -- i take your point on the certainty of the markets in the short run -- >> go ahead. >> no, no. i'm saying more of -- half a loaf. the president has been talking about a very large deal, $1.6 trillion. if you get $800 billion now and say $800 billion later in tax reform, i would go for that. and i -- i would certainly encourage my colleagues to do that. >> understood. because -- because your time is limited going back to vote, i want to move to
MSNBC
Dec 31, 2012 1:00pm PST
to have a tougher 113th congress without a doubt, and with this fiscal cliff deal, they're going to take it and stretch it to the very end. >> angela, you think republicans are sweating then because a few weeks ago they sounded like they could frame president obama as the bad guy. >> president obama is not the bad guy. you could see this love fest at the press conference this afternoon. american people totally understand and are supporting overwhelmingly what the president has proposed. they want tax cuts for the 98%, not for the top 2%. we've been at a standstill with plan "b" which never was a plan "b" to begin with because we're sacrificing the greater good for such a small minority. >> jimmy and susan, i am going to ask you about the president's press conference and whether you thought it was a bad idea. but when angela was talking, susan, you were shaking your head when she said that the american people are behind the president. >> well, i think right now the american people are frustrated with washington, and that's where that's going to come down. yes, the president is better than
MSNBC
Dec 29, 2012 12:00pm PST
pass a deal to avoid the so-called fiscal cliff, but is that optimism justified even if the senate can can come together and craft a deal? a very big if at this point and what are the chances that house speaker john boehner can get members of his congress to go along with the deal. joining me now perry bacon and lynn sweet. i want to start with you because i read something that you wrote an article recently in which you said basically that the rumors of the tea party's demise have been greatly exaggerated noting their key role in refusing to go along with john boehner's tax plan to raise taxes on those making more than $1 million a year. the fiscal cliff debate has illustrated then during influence of the tea party and the power of the conservative party. boehner can't guarantee that his members won't face primary challenges from the right so there's little surprise they won't follow his lead. >> mcconnell's not going agree to something that all other republicans are opposed to because he's a republican, too, and he has to worry about a primary, potentially, as well. the core of this i
MSNBC
Dec 29, 2012 12:00am PST
're in the home stretch for the fiscal cliff, but is there still hope? sheldon whitehouse and jan schakowsky will have the latest ton high-stakes meeting at the white house. and the sad shame of this year's do-nothing congress. the gun violence continues in chicago. tonight, the reverend jesse jackson on the city's grim milestone of 500 homicides in one year. and it's nearly 2013, but attitudes on race remain two centuries behind. >> the way i look at it, it's freedom of speech. >> the reverend marcia dyson, and the president of the national urban league on the bigotry of the supposed post-racial america. >>> with three days left before the start of the new year, it's put up or shut up time for congressional leaders. president obama addressed reporters from the white house this evening. roughly an hour after meeting with leaders of the house and senate. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> senate leaders harry reid and mitch mcconnell were back at
MSNBC
Dec 25, 2012 2:00am PST
later this week as america gets closer to the fiscal cliff. some larrymakers are now calling for a small scale deal as a temporary fix. >> i think it's impossible to get any kind of grand bargain or comprehensive package. i think we're dealing right now with whether or not we can put off the increases in tax rates. that's really all we can deal with right now. >> the house will stand in recess subject to the call of the chair. >> reporter: congress recessed after republicans rejected john boehner's compromise. he proposed letting tax cuts expire for those making over $1 million a year. other republicans say it's time for a deal. >> i agree with him. i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his holiday vacation in hawaii. democrats hope mr. obama will continue to fight for a complete agreement, not just a temporary patch. >> i definitely hope that he can and will continue to push for as big
MSNBC
Dec 27, 2012 7:00am PST
with very big issues. in both houses of congress, if we get through this fiscal cliff and get to january, people will rightfully ask is there a better way to do this? since we seem to have a majority in both chambers that would like to solve the problem, but procedurally we're not getting to an answer. >> soon to be senator tim scott takes the oath next week, the only african-american senator, it highlights an interesting dichotomy. republicans have more minorities in the senate than democrats, while the party itself struggles with minority voters. >> i think you hit the nail on the head. clearly the republicans are having a major problem reaching out not just to people of color, but to women and so forth. i think what the republican party is trying to do is say, you know what? we have to do a better job. tim scott is a conservative from south carolina and also he's a earl if legislator in terms of being in the house of representatives, so it's perfect sense for him to go to the senate. we also see to a certain degree the first latino from texas, ted cruz, coming into the senate as well.
MSNBC
Dec 26, 2012 2:00am PST
in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billion higher on spending cuts. >> if you get 80% of what you want, that's a pretty good day. >> reporter: tough decisions ahead, six days left. >> lawmakers will likely take on spending reform and tax cuts when the debate heats up. >> looks like they will be working over the new year. >>> a note was left by a suspected shooter that killed two firefighters christmas eve in new york. more
MSNBC
Dec 31, 2012 10:00am PST
coming back in. we keep talking about the so-called fiscal cliff. there are consequences for inaction if that countdown clock gets to zero and there's no deal and no deal has been reached. >> jonathan, thank you. to your point, it's remarkable to me that what we're debating is exactly what we were debating six months ago. it's not as though something has happened recently. this is the debate we've been having or the debate we haven't been having making it all the more remarkable that we have a countdown clock for it. thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think tha
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